1 bedroom apartment available exclusively through Intermediate Market Rent
Rent £850 per calendar month
Intermediate Market Rent with L&Q
Intermediate Market Rent (IMR) is scheme designated to help you save money by offering rents at 80% of a similar property on the open market. The savings you make on the discounted rent can then be used towards a deposit for your first home. With reduced monthly payments, you'll have more room to build up your savings towards a deposit for your first home.
To be eligible for in Intermediate Market Rent home, you must:
- Have the right to rent - proven by possession of British/EU/EEA Citizenship or a valid UK residency visa
- Be able to provide one month's rent in advance and five weeks' rent as a tenancy deposit
- Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in
- The minimum income for this property is £34,495
- Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments
To rent an IMR home with us, you must not:
- Already own a property or be in the process of buying.
- Be able to afford a similar home through Shared Ownership or on the open market.
- Have a household income that exceeds £75,000.
- Have an adverse rental history, for example, rent arrears or damage to a property.
- Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).
Speak to our Lettings Associates to find out more and book your viewing today
West Norwood, located in South London, is a vibrant and well-connected neighbourhood known for its blend of community spirit and urban convenience. The West Norwood Picturehouse and lively Norwood Feast market offer entertainment and local flavour. Surrounded by green spaces like Norwood Park and Streatham Common, residents can enjoy outdoor recreation and picturesque views.
With excellent transport links, West Norwood station provides fast connections to London Victoria and London Bridge, making it an ideal location for commuters. The area is also home to a growing number of independent cafes, shops, and eateries, adding to its welcoming and dynamic atmosphere. Perfect for families and professionals alike, West Norwood combines a strong sense of community with the benefits of city living.